Export data monitoring mandated: AD banks must report shipping documents through the centralized EDPMS platform for consolidated export reporting. The Reserve Bank operationalized the Export Data Processing and Monitoring System (EDPMS) for Authorised Dealer banks to report shipping documents and export-related returns on a single IT platform; AD banks received user credentials and a web link. Going forward, new shipping documents must be reported in EDPMS while legacy reports will continue in the old system until a phased discontinuation. The directions are issued under Section 10(4) and Section 11(1) of the FEMA, 1999 and are without prejudice to other statutory permissions or approvals.
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Export data monitoring mandated: AD banks must report shipping documents through the centralized EDPMS platform for consolidated export reporting.
The Reserve Bank operationalized the Export Data Processing and Monitoring System (EDPMS) for Authorised Dealer banks to report shipping documents and export-related returns on a single IT platform; AD banks received user credentials and a web link. Going forward, new shipping documents must be reported in EDPMS while legacy reports will continue in the old system until a phased discontinuation. The directions are issued under Section 10(4) and Section 11(1) of the FEMA, 1999 and are without prejudice to other statutory permissions or approvals.
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